Liberty Opens Puerto Rico Branch

Liberty International Underwriters (LIU) – a division of the Boston-based Liberty Mutual Group – has opened an office in San Juan Puerto Rico, as part of its “overall strategy of getting closer to brokers.” The new office joins LIU’s 2006 line up of new office openings in Hong Kong, Houston and Los Angeles.

“Arlene Rivera, who leads the San Juan operation, is both a local general liability expert and a direct conduit to LIU’s excess umbrella, environmental coverage and Specialty Casualty financial lines – employment practices liability (EPL) and D&O,” said the announcement. The San Juan office underwrites risk for small, medium and large financial lines accounts and larger casualty policies.

“We give brokers in Puerto Rico an A-rated insurer in their market that writes difficult to place business,” noted David Cohen, chief underwriting officer of LIU’s global casualty operations. “While there is local capacity, not much of it is provided by financially strong companies. That is what sets us apart.”

LIU said Rivera had been instrumental in helping the company tailor its product offerings to ensure it filled capacity gaps and provided coverage where it was most needed. “Unlike domestic insurers, we quote medium to large casualty programs,” she indicated. “Local brokers have long been underserved in this area and we now give them the ability to not only place this business but to place it with a well-known, multi-national company.”

Brokers contacting LIU should call Arlene Rivera at 787-289-7892 and ask for Liberty International Underwriters.